M&G Group announces the regional re-focus strategy

Assen, The Netherlands, 1st  August 2017 – M&G Group announces the regional re-focus strategy by carving-out M&G DuraVent and Security Chimneys International out of the M&G Group as of August  1, 2017. The separated companies are conducting business as DuraVent / Security Chimneys focusing on the North American market  and M&G Group focusing on the European and Asian market. Following the carve-out, both M&G and DuraVent will continue to be owned by Egeria Investments, the current parent of M&G Group. A regionally focused organization will enable us to better serve our respective regional markets.

In this light M&G Group is pleased to announce the acquisition of the Italian flue gas company Stabile S.p.A as from August 1, 2017, with a strong focus on Southern and Eastern Europe.

For more information about the different companies please refer to the following websites:
https://mg-group.com
http://www.duravent.com
http://www.securitychimneys.com